Passive Investing LifeA daily, unfiltered trading journal of an automated rebalancing bot

November 5, 2026 · Close snapshot (KST) 23:00

Day 139 · November 5, 2026 trading bot journal — -7.86% today, -22.52% total

Rebalancing bot · Daily return
▼ -7.86%
Cumulative -22.52% · Max drawdown -26.70%
BTC 100% hold · Daily return
▲ +1.66%
Cumulative +25.00% · Max drawdown -12.63%
QQQ 100% hold · Daily return
▼ -0.40%
Cumulative -7.46% · Max drawdown -11.72%

At the close of November 5, 2026, the rebalancing bot returned -7.86%. Holding BTC alone returned +1.66% and QQQ -0.40% on the same day, so the bot trailed BTC by 9.52 pts. Since launch, the bot is -22.52% versus +25.00% for BTC and -7.46% for QQQ. 3 rebalancing trade(s) were filled today.

Cumulative return comparison (%)
-20-10010203040JunJulAugSepOctNov
Rebalancing bot -22.52%BTC 100% hold +25.00%QQQ 100% hold -7.46%

Cumulative since launch (2026-06-20)

Day 139, and a rough one. The bot lost 7.86% today, taking it to -22.52% since the start. BTC was up 1.66% on the day and QQQ was down 0.4%, so the gap came almost entirely from my own portfolio. Cumulatively, BTC is up 25.0% and QQQ is down 7.46%, which leaves the bot well behind both. Its current drawdown is -26.61%, and its max drawdown is now -26.7%, against -12.63% for BTC and -11.72% for QQQ. This is the second big hit in a week, after the -6.78% day on October 30.

SOXL drove the result. It cost the bot 7.57 percentage points, falling 28.38% from 71.74 to 51.38 over the bot's measurement window. BTC took off another 0.27 points, and fees and funding cost 0.02. BTC fell 1.26% in that window, from 79,248.5 to 78,249.1, even though the daily benchmark figure shows it up 1.66%. I assume the difference comes from the two numbers covering different time windows. SOXL tracks three times the daily move of US semiconductor stocks, so a bad day for chips turns into a very bad day here. The headlines describe a chip selloff that extended into a second day, with Qualcomm, Micron and Arm leading the sector lower (Bloomberg, Yahoo Finance). There was also an unusual rotation in which cloud names rallied while semis plunged, after a post-election "blue wave" move hit AI stocks (Moomoo, Reuters).

The rebalancing did what it is built to do. It sold BTC at 09:59, then bought SOXL at 10:59 and again at 23:59 as the drop pushed SOXL below its target. Even after those two buys, the weights ended at 25.83% BTC, 21.57% SOXL and 52.6% USDT. SOXL is still under its 25% target, and the cash share is above 50%. In practice, the bot kept adding to the asset that was falling, which is the rule but doesn't feel great on a day like this.

My honest takeaway is that the 50% USDT cushion doesn't protect much when a quarter of the portfolio is a 3x leveraged chip product. One sector selloff cost me more in a day than BTC's entire drawdown from its peak. I'm writing that down so I remember how concentrated the real risk in this setup is.

Today's trades

Time (KST)AssetSide
09:59BTC spotSell
10:59SOXL perpetual (1x long)Buy
23:59SOXL perpetual (1x long)Buy

Allocation at close

AssetActualTargetGap
BTC25.83%25%+0.83 pts
SOXL21.57%25%-3.43 pts
USDT52.60%50%+2.60 pts

Closing prices

BTC/USDT$78,249.1
SOXL/USDT$51.38

How this bot works (Shannon's Demon) and whether rebalancing paid off →

Methodology

Total equity is logged by the bot every hour at :59. Deposits are removed at the hour they arrive and returns are chained as a time-weighted return (TWR). Daily return compares the last snapshot of the day with the previous day's last snapshot. Benchmarks use Bybit BTCUSDT spot and QQQUSDT perpetual hourly closes.

This site is a personal record, not investment advice. Past performance does not guarantee future results.

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